29320 Efferson RdHoldenLA70744
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Holden at 29320 Efferson Rd, Holden, LA, 70744 offers a 8.35% rental yield on a $239,900 purchase with $1,669/mo rent. Total monthly income registers $1,669/mo, and a $1,174/mo payment leaves $183/mo available for distribution. Annual cash flow reaches $2,198/yr on $79,527 to close, and return on cash invested stands at 22.67% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 117.7% and total cumulative return in cash at $93,607. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,669/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2017
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70744, Holden, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,709 (100%) |
| Owner Occupied HU | 2,081 (76.8%) |
| Renter Occupied HU | 363 (13.4%) |
| Vacant Housing Units | 265 ( 9.8%) |
| Median Home Value | $200,504 |
| Average Home Value | $246,647 |
Housing Distribution
Address Breakdown
Residential
2,166
Single Family
2,166
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beverly Delatte • Southeastern Real Estate Partners, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2482745
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. [Click here for more information](/info/mls-disclaimers/#mls_250)